GBP/AUD analysis, 16 April 2021
On the daily candle chart
The GBP/AUD fell sharply this week, approaching the 1.7742 demand zone
If the given zone holds, a reversal north could occur and the rate could reach the 1.7916 resistance level
On the other hand, a clear close below the demand zone is needed to continue its decline to the 1.7580 support level
